Budget Battles
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The 2025 Spending Fight Has Officially Begun — and It’s Going to Be Big
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Supreme Court Slaps Down Challenge to Consumer Watchdog
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Inflation Eases in April, Lifting Hopes for a Soft Landing
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Biden Jacks Up Tariffs on $18 Billion in Chinese Imports
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Trump Promises New Tax Cuts for Everyone
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Biden White House Lays Out Plan for Coming Tax Showdown
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Trump Tax Cut Extension Would Cost $4.6 Trillion: CBO
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Factbox: What happens in a U.S. government shutdown?
By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, ReutersIn shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...
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Delaware Sues Opioid Manufacturers, Distributors Over Epidemic
By Nate Raymond, Reuters(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making,...
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Trump's Coal Job Push Stumbles in Most States
By Valerie Volcovici, ReutersWASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...
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Trump Tries to Sell Tax Reform to Democrats
By David Morgan, ReutersWASHINGTON (Reuters) - President Donald Trump intensified his efforts to sell Democrats on his tax reform plan on Wednesday even as Senate Republicans edged closer to passing a budget measure that...
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Trump's drug czar nominee withdraws from consideration
By Sarah N. Lynch and Makini Brice, ReutersWASHINGTON (Reuters) - The U.S. lawmaker who was President Donald Trump's pick for drug czar withdrew on Tuesday after a report he spearheaded a bill that hurt the government's ability to crack down...
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Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...
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U.S. consumer finance agency expected to punish Equifax: lawyers
By Reuters and Patrick RuckerBy Lisa Lambert and Patrick Rucker WASHINGTON (Reuters) - The U.S. consumer finance watchdog agency is expected to punish Equifax for its cyber breach with the wide-ranging powers it has used with...
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U.S. incomes, poverty rate bounce back to pre-recession levels in 2016
By ReutersBy Susan Heavey WASHINGTON (Reuters) - The U.S. poverty rate fell for the second straight year in 2016 while median income rose to an all-time high of $59,000 as the economy made up ground lost...
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No Talk of Ousting Speaker Ryan, Key Conservative Says
By ReutersMany Republicans are unhappy with the deal President Donald Trump reached last week with Democratic leaders to raise the government's debt ceiling and allow it to continue financing federal spending...
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Congress sends Trump disaster aid, debt limit increase
By Richard Cowan and Amanda Becker, ReutersWASHINGTON (Reuters) - The U.S. House of Representatives approved a bill to provide disaster aid, extend the debt ceiling and fund the federal government for three months on Friday, delivering on...
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Why Trump's Tax Cuts May Not Spur a Corporate Spending Boom
By Timothy Aeppel, ReutersHanging on the wall of David Shippoli’s office at a sprawling factory here is his company’s annual scavenger award, a stuffed hyena head, given to the employee who finds the cheapest way to execute...
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Bitcoin Is Soaring: Here's the Incredible Gain Since 2010
By Arjun Kharpal, CNBCMonday marks the seven-year anniversary of Bitcoin Pizza Day – the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John's pizzas. More important than the episode being...
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Why Online Shopping Could Be Costing You More Than You Think
By Ester Bloom, CNBCAccording to new research by OpenUp, a behavioral research start-up based in New York, online shoppers have a good grasp of how much time they spent browsing for and purchasing items — but they have...
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Airlines Brace for Havoc as the US Moves Toward a Laptop Ban
By Benjamin Zhang , Business InsiderThe US Department of Homeland Security's laptop ban will likely expand to include incoming non-stop flights from Europe in the near future. In fact, Trump administration officials are expected to...
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Forget Trump, Here's What's Driving Stocks Higher
By Alex Rosenberg, CNBCIt looks like investor hopes about President Donald Trump will go unfulfilled, but stocks will keep rising anyway, according to famed investment strategist Byron Wien. "At the beginning of the year,...